Category Archive: Economic Development

Jun 24

“Failed” States?

Foreign Policy’s  annual Failed State Issue came out today, along with their 2013 Failed State Index, uses twelve social, economic, and political indicators to analyze nations and then ranks them accordingly, with 120 being the worst possible score a state can receive.  The states are then separated into five categories: critical, in danger, borderline, stable, and most stable. …

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Jun 18

Are ASEAN’s Goals Achievable?

When I think of current events in Southeast Asia, the things that pop into my head are authoritarian regimes, ethnic tensions, border clashes, and so on. There is an entire list of current conflicts going on in this region. An example of a border dispute would be Thailand conflicting with neighboring Myanmar, Malaysia, Laos and …

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Jun 17

Looking Back on China (2): Socialism or Capitalism?

“No matter if it is a white cat or a black cat, as long as it can catch mice, it is a good cat.”  It was probably the most influential quote of Deng Xiaoping, the Chief Architect of Chinese Reform and Opening, who further interpreted that “Do not restrict yourself from the difference between Socialism …

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Jun 14

Extreme Poverty in Lao PDR

Lao PDR has one of the highest growth rates in Southeast Asia with 6% increase every year in the last decade. Even the level of poverty has been declining. However, the country is still one of the least developed in Southeast Asia and the level of poverty is still largely apparent in this economy. Laos …

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Jun 10

Singapore: Immigration Dilemma in a Small Country

Will a country where there are 18,943 people in per square mile open its door for more immigrants? The Singapore government says yes. The Lee Hsien Loong administration published its latest population white paper in January, in which the government projects to increase its population to 6 million in 2030. This ambitious blueprint will be …

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Apr 22

Myanmar in the Balance

Regular readers of this blog will know that Myanmar has long been one of my favorite topics.  I’ve written many times, often quite hopefully, about what the future may hold for this isolated country as it begins to open up economically and socially.  New president Thein Sein has made serious moves towards reforming the military-ruled country, …

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Mar 25

Tourism in Cuba?

I’ve written a lot about the opening up of Myanmar and Bhutan and their possibilities for sustainable tourism, so today I thought I would look at another isolated country: Cuba.  Travel between the United States and Cuba has been forbidden since February 8th, 1969, just a few months after the end of the Cuban Missile Crisis. …

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Mar 15

Exploring the New Frontier: Space Mining

Growing up, many of you have probably watched Star Trek. Exploration of space was an exciting prospect indeed. What fascinated me though, while watching, was the huge abundance of resources available, such as basic raw materials, energy, even food and water. I remember thinking that if this was actually possible it would solve all of …

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Mar 01

Nuclear Power will save the world

The Heading might sound outrageous. How can I possibly say that? Nuclear power will completely destroy the Earth or bring about a mass extinction. These are the thoughts, of many millions of people worldwide. It drives people to protest against nuclear programs, and even call for condemnation of those leaders, who seek to implement such …

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Feb 25

Economics and Happiness

In the 1970s Richard Easterlin wrote an article titled “Does Economic Growth Improve the Human Lot? Some Empirical Evidence,” in which he described what is now known as the Easterlin Paradox and became the father of happiness economics. The Easterlin Paradox, simply stated, suggests that people do not get happier as they get richer.   …

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